Consolidated-Tomoka Land Appoints Mark Patten As CFO

4/16/2012 12:37 PM ET

Consolidated-Tomoka Land Co., (CTO) said Monday that its has appointed Mark Patten as Senior Vice President and Chief Financial Officer, effective April 16.

Patten was most recently Executive Vice President and Chief Financial Officer of SolarBlue LLC. Prior to that, he was Executive Vice President and Chief Financial Officer of Legacy Healthcare Properties Trust Inc. and Simply Self Storage. Prior to those positions, he served as Senior Vice President and Chief Accounting Officer of CNL Hotels & Resorts, Inc.

Bruce Teeters, who has been the company's Senior Vice President-Finance, Treasurer, and Chief Financial Officer, will now be the Senior Vice President of Real Estate Operations.

Teeters, who has been dividing his time between finance and real estate operations, will now focus his full attention on the company's real estate operations in the Daytona Beach area, the company said in a statement.

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